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2-bed · 2,439 sqftPalmera 2, Arabian Ranches · completed 2008

TH020, Palmera 2

Sold prices and rental history: sold twice, last in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH020 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 2.52M1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH020, Palmera 2

What is TH020 worth today?

Last sold for AED 2,520,000 in 2021

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1 Sep 2021SoldReady
AED 2,520,000AED 1,033 per sqft
15 Dec 2009Sold by developerReady
AED 1,001,888AED 796 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
2-bed villa
Size
2,439 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 2.52M · September 2021
Community
Palmera 2

About TH020, Palmera 2

TH020 is a two-bedroom villa of 2,439 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 1 September 2021 for AED 2,520,000, or AED 1,033 per sqft, 26% above the AED 820 two-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH020 over time

Sales
Villa TH020, each saleTypical two-bed in Palmera 2
2M2008201320182023Typical sale price by year: 2008 AED 986,888; 2009 AED 1,002,388; 2010 AED 1,007,888; 2011 AED 1,012,888; 2012 AED 1,637,500; 2013 AED 2,032,500; 2014 AED 2,300,000; 2015 AED 2,300,000; 2016 AED 2,200,000; 2017 AED 2,400,000; 2018 AED 2,175,000; 2020 AED 1,615,000; 2021 AED 1,862,500; 2022 AED 2,850,000; 2023 AED 2,675,000; 2024 AED 3,037,500; 2025 AED 3,487,500Sold by developer, December 2009: AED 1,001,888 (AED 796 per sqft)Sold, September 2021: AED 2,520,000 (AED 1,033 per sqft)

TH020 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH020, each contractTypical two-bed in Palmera 2
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 132,000; 2014 AED 151,125; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 131,000; 2019 AED 125,000; 2020 AED 105,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 132,000; 2024 AED 155,000; 2025 AED 165,000; 2026 AED 157,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in Palmera 2, and where TH020 sits

All 126 2-beds →

TH020 last sold in September 2021 at AED 1,033 per sqft, 26% above what two-beds in Palmera 2 were fetching at the time (AED 820). Over the last 12 months two-beds sold for AED 3,900,000, around AED 1,808 per sqft, and rent for AED 135,000 to 280,000 a year.

Recent 2-bed salesVilla no.Price (AED)Summary
18 Dec 20253,900,000
29 Oct 20253,400,000
12 Sep 20254,650,000
11 Aug 20253,550,000
1 2-bed sale in the last 12 months

Palmera 2

Community

190 villas, 1-bed to 3-bed in Arabian Ranches, completed in 2008 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 1,808
Typical sale
AED 3.9M
Typical rent
AED 170K /yr
Typical yield
4.1%
Palmera 2, Arabian Ranches: prices, sales and rents →

TH020, Palmera 2 in numbers

  • Sold twice: first on 15 December 2009 for AED 1,001,888, last on 1 September 2021 for AED 2,520,000 (AED 1,033 per sqft).
  • Two-beds in Palmera 2 sold for AED 3,900,000–3,900,000 in the 12 months to November 2026; the community's median across all types is AED 1,808 per sqft.

Source: Dubai Land Department. Updated 1 September 2021.

Questions about TH020, Palmera 2

What did villa TH020 last sell for?

AED 2,520,000 on 1 September 2021: AED 1,033 per sqft for 2,439 sqft. The villa has 2 registered sales; the first was AED 1,001,888 in December 2009.

How big is villa TH020?

2,439 sqft (226.6 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH020 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palmera 2 sold for AED 3,900,000 to 3,900,000 in the last 12 months, around AED 1,808 per sqft.

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Mortgage on TH020, Palmera 2

Starts from the last sale price (AED 2.52M, 1 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,520,000
Deposit, UAE resident (20%)
AED 504,000
Deposit, non-resident (40%)
AED 1,008,000
Monthly over 25 years at 3.7%
AED 10,310

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →